

Joe Rennison
Posts

S&P 500 Surges to Start the Year
The S&P 500, rising 10 percent, set the pace as investors looked forward to interest rate cuts.

Investors Pour Money Into Wall St. as Stocks Set New Highs
The influx of cash reflects optimism about the economy and company earnings despite high interest rates and stubborn inflation.

Japan Raises Interest Rates for First Time in 17 Years
Higher inflation and rising wages suggest that the country’s economy can grow without such aggressive stimulus from the central bank.

Stocks Jump as Nvidia Sets Off Tech Rally
It was the S&P 500’s best day in more than a year, and the tech-heavy Nasdaq composite rose more than 3 percent.

Nvidia Is a Must-Buy. Or Is It?
The chipmaker’s high “price to sales” ratio reflects investor enthusiasm around its growth prospects. But relying on that metric created trouble during the dot-com boom.

Wall Street Is Already Placing Bets on the Biden-Trump Rematch
Traders and strategists are thinking about all the ways that November’s election could alter the mood in markets.

Stocks Sink as Stubborn Inflation Resets Fed Rate Forecasts
A hotter-than-expected inflation report led investors to push out their expectations for Federal Reserve rate cuts until later in the year.

Downturn or Not? At Year’s End, Wall St. Is Split on What’s Ahead.
Analysts bullish on 2023 were largely right and expect more of the same in 2024. Bears caution that the Fed’s impact is yet to be...

Stocks Rally and Bond Yields Slide as Fed Signals Rate Cuts in 2024
The Fed’s rate increases since March 2022 have sent shock waves through financial markets, raising borrowing costs on everything from mortgages to government debt and...

S&P 500 Hits 2023 Record, Reversing Summer Losses
The S&P 500 has risen over 10 percent from its October low, with November its best month of the year.